Are you keeping up with TEIBAS? In our May 2022 Newsletter, we announced that members voted overwhelmingly to introduce a new early unreduced pension eligibility age of 61. Retiring can be an exciting but also a stressful life event that takes time and planning. Here at TEIBAS we are dedicated to making sure you have all the information you need to meet your retirement goals.
Use this checklist to start putting your retirement goals in to action:
- Sign-up for upcoming information session by emailing members@teibas.com or calling 416-637-6789.
- Make a retirement plan and review your finances.
- Access myteibas.com and review your Annual Pension Statement each year.
- Use the TEIBAS pension estimator to see how the value of your pension may change over your career.
- Visit servicecanada.gc.ca to access your My Service Canada Account which provides convenient and secure access to view your Canada Pension Plan (CPP), and Old Age Security (OAS) information online.
- Review your RRSP savings and the contribution room you have available to you.
- Learn more about retirement planning with Smart Path, part of Canada Life has many resources to help you plan for your retirement.
- Update any life changes such as a change in address, adding or removing a spouse, adding children or beneficiaries on myteibas.com.